Overview of the Petroleum Industry - OPI 

CPE Credits Awarded: 8
Categories: Oil Industry, Oil Supply and Trading

Date Register by Date Duration Venue Price Register
Open date OPI - Not scheduled. Please enquire.

5c003d5e591091d484ea3c6e8f6051f1150 150Those who attend will learn how companies search for crude oil and natural gas (exploration) and about how the material is brought up from underground (production). In addition, attendees will learn the basics of petroleum refining, transportation by vessel, pipeline, and truck, and be exposed to refined product marketing. Some discussion of the trading of physical crude oil and refined products is included in this course as well as the basics of "paper" trading.

Includes Web-based Pre-study Module
This course is accompanied by a preparatory course available online. Delegates will receive a web voucher as part of their joining instructions upon confirmation of registration. By taking advantage of this "blended" learning approach, in-class time and learning are optimized.

Delegates encouraged to attend include commercial, operations and marketing staff, planners, economists and government officials. The course is also of value to managers or potential managers, new entrants to the business, or those transferring from other energy sectors.

Various methods used to locate deposits of crude oil and natural gas

  • Geological formations and how they were created
  • World crude oil reserves - their size and location
  • Reserves/production ratios
  • Drilling methods
  • Explanation of production vocabulary
  • Offshore drilling methodology
  • Primary, secondary and tertiary recovery methods
  • Properties of crude oil
  • Comparison of the value of various crude oils
  • Products produced from petroleum refining
  • The three major areas of a petroleum refinery
  • Overview of various operating units in a "typical" petroleum refinery
  • Information associated with ocean going oil vessels
  • Basics of petroleum pipelines
  • Moving petroleum by rail and by truck
  • Distribution of petroleum products
  • History and structure of the industry
  • Oil pricing and markets

Faculty

Course Director

Testimonials

“Good course. Very thorough and great for someone new to the industry.” A.J., Aramco

If you have attended a past course please provide us with some feedback.

UK: (+44) 1865 250521   |   Singapore: (+65) 6837 8030   |   USA: (+1) 713 343 1699

 

Email us at info@oxfordprinceton.com

logos logos bac2 logos logosfacebooklinkedintwitter
 
   The Oxford Princeton Programme, Inc. is not affiliated with Princeton University, Oxford University, or Oxford University Press.

footerimage